1055 Mountain Ave Ontario, CA 91762
- Strip malls
- 6,370 SF
- 0.48 lot acres
Current Use by Public Records
- Amazon Hub Locker - Bells / Mailing Service / E-Commerce Service
- 7-Eleven / Convenience Store
- Cardtronics ATM / Atm
- Citibank ATM / Atm
Property Details for 1055 Mountain Ave
- Year built
- 1988
- Construction
- WOOD FRAME
- Lot size
- 0.48 lot acres
- Property size
- 6,370 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 1010-132-01-0000
- APU
- 1010132010000
Description
This 6,370 square foot retail center in Ontario, CA, is anchored by a 7-Eleven and boasts a 6.16% cap rate and $140,950 NOI. The property sits on a 0.48-acre lot with 30 parking spaces and enjoys 100% occupancy under a NNN lease. Located at 1055 N Mountain Ave (APN 1010-132-01), this center benefits from a prime location near major freeways (60, 10, and 210), with daily traffic exceeding 39,000 cars. The area features dense residential and commercial development, including nearby Walmart, Edwards 16-Plex movie theater, and various quick-service restaurants. Across the street is a large shopping center anchored by major national tenants. Under-market rents present significant upside potential. This investment offers a stable, long-term occupancy history within a 5-mile radius of over 480,000 people. The asking price is $2,400,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ontario
- County
- San Bernardino
- State
- California
- Longitude
- -117.671
- Latitude
- 34.0775
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
